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Attractive Retail Center in Centennial Hills
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7240 W Azure Dr, Las Vegas, NV 89130

Retail spaces in high-income Centennial Hills neighborhood, near new interchange.

Space Size1,200 SF - 1,750 SF
Property Size49,554 SF
Days on Market1545

Property Features for 7240 W Azure Dr

General Information

Standard status Active
Size 1,200 SF - 1,750 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 49,554 SF
Year Built 2005
Tenancy Multiple

Spaces For Lease

at 7240 W Azure Dr Contact us

7240 Bldg., #120

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

7240 Bldg., #165

Size
1,750 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lee & Associates - Las Vegas
Listed By: Lauren Tabeek, CCIM · License #74477
Source: Crexi
Added: Jun 10, 2022 Changed: Aug 17 Last Checked: Aug 31 at 5:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Las Vegas

Investment Insights

Based on property information with market context.

Tenaya Village is a retail center located in the Centennial Hills submarket. The surrounding area has strong demographics, with annual incomes exceeding $112,000 within a three-mile radius. The property is located within the Town Center District, serving the northwest trade area. The Nevada Department of Transportation is completing a new 215 Beltway interchange at Sky Pointe Drive, which will increase access to the center from the beltway. Current tenants include Starbucks, Timbers Bar & Grill, Wing Stop, Frijoles & Frescas, and Capriotti’s.

Key Highlights

  • Located in the desirable Centennial Hills submarket.
  • Strong surrounding demographics with annual incomes exceeding $112,000 within three miles.
  • Anchored by daily traffic generators such as Starbucks, Timbers Bar & Grill, and Wing Stop.

Property Analytics

Current Use

Namaste Las Vegas Gym & Fitness Center PHAMV Nail Bar Nail Salon Capriotti's Sandwich Shop Take-out & Catering Edward Jones - Financial ... Financial Advisor Lino's Pizza & Italian ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 89130, NV

34,212
Population
13,819
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
4,443
Density / Sq Mi
$82,599
Median Household Income
$42,723
Median Earnings
$1,620
Median Rent
$391,300
Median Home Value

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail spaces in high-income Centennial Hills neighborhood, near new interchange.
Where is this strip mall located?
The property is located at 7240 W Azure Dr Las Vegas, NV.
What is the lease rate?
The lease rate is $31.20 SF/Yr.
What are key features of this property?
This property features: Located in the desirable Centennial Hills submarket.; Strong surrounding demographics with annual incomes exceeding $112,000 within three miles.; Anchored by daily traffic generators such as Starbucks, Timbers Bar & Grill, and Wing Stop.
(702) 405-1728 Call to check price and availability
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